2022-06-012023-05-312023-05-31false09042102TESLA INSTALLATIONS LIMITED2024-03-19iso4217:GBPxbrli:pure090421022022-06-01090421022023-05-31090421022022-06-012023-05-31090421022021-06-01090421022022-05-31090421022021-06-012022-05-3109042102bus:SmallEntities2022-06-012023-05-3109042102bus:AuditExempt-NoAccountantsReport2022-06-012023-05-3109042102bus:FullAccounts2022-06-012023-05-3109042102bus:PrivateLimitedCompanyLtd2022-06-012023-05-3109042102core:WithinOneYear2023-05-3109042102core:AfterOneYear2023-05-3109042102core:WithinOneYear2022-05-3109042102core:AfterOneYear2022-05-3109042102core:ShareCapital2023-05-3109042102core:SharePremium2023-05-3109042102core:RevaluationReserve2023-05-3109042102core:OtherReservesSubtotal2023-05-3109042102core:RetainedEarningsAccumulatedLosses2023-05-3109042102core:ShareCapital2022-05-3109042102core:SharePremium2022-05-3109042102core:RevaluationReserve2022-05-3109042102core:OtherReservesSubtotal2022-05-3109042102core:RetainedEarningsAccumulatedLosses2022-05-3109042102core:LandBuildings2023-05-3109042102core:PlantMachinery2023-05-3109042102core:Vehicles2023-05-3109042102core:FurnitureFittings2023-05-3109042102core:OfficeEquipment2023-05-3109042102core:NetGoodwill2023-05-3109042102core:IntangibleAssetsOtherThanGoodwill2023-05-3109042102core:ListedExchangeTraded2023-05-3109042102core:UnlistedNon-exchangeTraded2023-05-3109042102core:LandBuildings2022-05-3109042102core:PlantMachinery2022-05-3109042102core:Vehicles2022-05-3109042102core:FurnitureFittings2022-05-3109042102core:OfficeEquipment2022-05-3109042102core:NetGoodwill2022-05-3109042102core:IntangibleAssetsOtherThanGoodwill2022-05-3109042102core:ListedExchangeTraded2022-05-3109042102core:UnlistedNon-exchangeTraded2022-05-3109042102core:LandBuildings2022-06-012023-05-3109042102core:PlantMachinery2022-06-012023-05-3109042102core:Vehicles2022-06-012023-05-3109042102core:FurnitureFittings2022-06-012023-05-3109042102core:OfficeEquipment2022-06-012023-05-3109042102core:NetGoodwill2022-06-012023-05-3109042102core:IntangibleAssetsOtherThanGoodwill2022-06-012023-05-3109042102core:ListedExchangeTraded2022-06-012023-05-3109042102core:UnlistedNon-exchangeTraded2022-06-012023-05-3109042102core:MoreThanFiveYears2022-06-012023-05-3109042102core:Non-currentFinancialInstruments2023-05-3109042102core:Non-currentFinancialInstruments2022-05-3109042102dpl:CostSales2022-06-012023-05-3109042102dpl:DistributionCosts2022-06-012023-05-3109042102core:LandBuildings2022-06-012023-05-3109042102core:PlantMachinery2022-06-012023-05-3109042102core:Vehicles2022-06-012023-05-3109042102core:FurnitureFittings2022-06-012023-05-3109042102core:OfficeEquipment2022-06-012023-05-3109042102dpl:AdministrativeExpenses2022-06-012023-05-3109042102core:NetGoodwill2022-06-012023-05-3109042102core:IntangibleAssetsOtherThanGoodwill2022-06-012023-05-3109042102dpl:GroupUndertakings2022-06-012023-05-3109042102dpl:ParticipatingInterests2022-06-012023-05-3109042102dpl:GroupUndertakingscore:ListedExchangeTraded2022-06-012023-05-3109042102core:ListedExchangeTraded2022-06-012023-05-3109042102dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-06-012023-05-3109042102core:UnlistedNon-exchangeTraded2022-06-012023-05-3109042102dpl:CostSales2021-06-012022-05-3109042102dpl:DistributionCosts2021-06-012022-05-3109042102core:LandBuildings2021-06-012022-05-3109042102core:PlantMachinery2021-06-012022-05-3109042102core:Vehicles2021-06-012022-05-3109042102core:FurnitureFittings2021-06-012022-05-3109042102core:OfficeEquipment2021-06-012022-05-3109042102dpl:AdministrativeExpenses2021-06-012022-05-3109042102core:NetGoodwill2021-06-012022-05-3109042102core:IntangibleAssetsOtherThanGoodwill2021-06-012022-05-3109042102dpl:GroupUndertakings2021-06-012022-05-3109042102dpl:ParticipatingInterests2021-06-012022-05-3109042102dpl:GroupUndertakingscore:ListedExchangeTraded2021-06-012022-05-3109042102core:ListedExchangeTraded2021-06-012022-05-3109042102dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-06-012022-05-3109042102core:UnlistedNon-exchangeTraded2021-06-012022-05-3109042102core:NetGoodwill2023-05-3109042102core:IntangibleAssetsOtherThanGoodwill2023-05-3109042102core:LandBuildings2023-05-3109042102core:PlantMachinery2023-05-3109042102core:Vehicles2023-05-3109042102core:FurnitureFittings2023-05-3109042102core:OfficeEquipment2023-05-3109042102core:AfterOneYear2023-05-3109042102core:WithinOneYear2023-05-3109042102core:ListedExchangeTraded2023-05-3109042102core:UnlistedNon-exchangeTraded2023-05-3109042102core:ShareCapital2023-05-3109042102core:SharePremium2023-05-3109042102core:RevaluationReserve2023-05-3109042102core:OtherReservesSubtotal2023-05-3109042102core:RetainedEarningsAccumulatedLosses2023-05-3109042102core:NetGoodwill2022-05-3109042102core:IntangibleAssetsOtherThanGoodwill2022-05-3109042102core:LandBuildings2022-05-3109042102core:PlantMachinery2022-05-3109042102core:Vehicles2022-05-3109042102core:FurnitureFittings2022-05-3109042102core:OfficeEquipment2022-05-3109042102core:AfterOneYear2022-05-3109042102core:WithinOneYear2022-05-3109042102core:ListedExchangeTraded2022-05-3109042102core:UnlistedNon-exchangeTraded2022-05-3109042102core:ShareCapital2022-05-3109042102core:SharePremium2022-05-3109042102core:RevaluationReserve2022-05-3109042102core:OtherReservesSubtotal2022-05-3109042102core:RetainedEarningsAccumulatedLosses2022-05-3109042102core:NetGoodwill2021-06-0109042102core:IntangibleAssetsOtherThanGoodwill2021-06-0109042102core:LandBuildings2021-06-0109042102core:PlantMachinery2021-06-0109042102core:Vehicles2021-06-0109042102core:FurnitureFittings2021-06-0109042102core:OfficeEquipment2021-06-0109042102core:AfterOneYear2021-06-0109042102core:WithinOneYear2021-06-0109042102core:ListedExchangeTraded2021-06-0109042102core:UnlistedNon-exchangeTraded2021-06-0109042102core:ShareCapital2021-06-0109042102core:SharePremium2021-06-0109042102core:RevaluationReserve2021-06-0109042102core:OtherReservesSubtotal2021-06-0109042102core:RetainedEarningsAccumulatedLosses2021-06-0109042102core:AfterOneYear2022-06-012023-05-3109042102core:WithinOneYear2022-06-012023-05-3109042102core:Non-currentFinancialInstrumentscore:CostValuation2022-06-012023-05-3109042102core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-06-012023-05-3109042102core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-06-012023-05-3109042102core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-06-012023-05-3109042102core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-06-012023-05-3109042102core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-06-012023-05-3109042102core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-06-012023-05-3109042102core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-06-012023-05-3109042102core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-06-012023-05-3109042102core:Non-currentFinancialInstrumentscore:CostValuation2023-05-3109042102core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-05-3109042102core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-05-3109042102core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-05-3109042102core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-05-3109042102core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-05-3109042102core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-05-3109042102core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-05-3109042102core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-05-3109042102core:Non-currentFinancialInstrumentscore:CostValuation2022-05-3109042102core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-05-3109042102core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-05-3109042102core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-05-3109042102core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-05-3109042102core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-05-3109042102core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-05-3109042102core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-05-3109042102core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-05-3109042102bus:Director12022-06-012023-05-31

TESLA INSTALLATIONS LIMITED

Registered Number
09042102
(England and Wales)

Unaudited Financial Statements for the Year ended
31 May 2023

TESLA INSTALLATIONS LIMITED
Company Information
for the year from 1 June 2022 to 31 May 2023

Director

CORCORAN, Duncan Mcghee

Registered Address

151 Grosvenor Road
Staines-Upon-Thames
TW18 2RP

Registered Number

09042102 (England and Wales)
TESLA INSTALLATIONS LIMITED
Balance Sheet as at
31 May 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets321,12750
21,12750
Current assets
Debtors10,46712,766
Cash at bank and on hand55,05530,505
65,52243,271
Creditors amounts falling due within one year4(47,916)(30,824)
Net current assets (liabilities)17,60612,447
Total assets less current liabilities38,73312,497
Creditors amounts falling due after one year5(18,549)(12,396)
Net assets20,184101
Capital and reserves
Called up share capital22
Profit and loss account20,18299
Shareholders' funds20,184101
The financial statements were approved and authorised for issue by the Director on 19 March 2024, and are signed on its behalf by:
CORCORAN, Duncan Mcghee
Director
Registered Company No. 09042102
TESLA INSTALLATIONS LIMITED
Notes to the Financial Statements
for the year ended 31 May 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)Straight line (years)
Plant and machinery-3
Vehicles25-
Finance leases and hire purchase contracts
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.
2.Average number of employees

20232022
Average number of employees during the year33
3.Tangible fixed assets

Vehicles

Office Equipment

Total

£££
Cost or valuation
At 01 June 22-465465
Additions34,249-34,249
At 31 May 2334,24946534,714
Depreciation and impairment
At 01 June 22-415415
Charge for year13,1225013,172
At 31 May 2313,12246513,587
Net book value
At 31 May 2321,127-21,127
At 31 May 22-5050
4.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables9,6509,940
Bank borrowings and overdrafts2,823-
Taxation and social security31,54119,199
Finance lease and HP contracts2,597-
Other creditors1-
Accrued liabilities and deferred income1,3041,685
Total47,91630,824
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
5.Creditors: amounts due after one year

2023

2022

££
Bank borrowings and overdrafts6,351-
Other creditors12,19812,396
Total18,54912,396
6.Obligations under finance leases

2023

2022

££
Finance lease and HP contracts12,19812,396